Hitachi Capital America Recognized as One of the Leading Companies in Energy Financial Services Innovation
Norwalk, Connecticut, March 11, 2015 –Hitachi Capital America (“HCA”) has received Energi’s 2014 Excellence in Energy Innovation Award for being a leader in the implementation and financing of energy innovation. Energi, a leading provider of Insurance and Risk Management Programs to the energy industry, recognized Hitachi Capital America as being the “Best of the Best” within the Energy industry at the annual Energi Risk Management & Insurance Summit in San Antonio, Texas.
“Hitachi Capital America’s focused commitment to navigating complex transaction structures and appropriately apportioning the associated risks have enabled them to set a future standard of excellence amongst industry peers in providing unique financing solutions to help advance the deployment of clean technology in our community,” said Brian K. McCarthy, President and CEO of Energi. “They are truly a ‘best-in-class’ provider of financing solutions for the energy sector.”
“We are very honored to receive this recognition from our peers in the energy sector,” said Mark Duncan, Vice President and General Manager, Structured Finance, Hitachi Capital America. “This is particularly gratifying as Hitachi Capital, Hitachi Consulting, and Hitachi America Ltd, have identified the energy sector as a key growth market for Hitachi in North America for the coming years. Through our Structured Finance division, we have developed a specialization in financing the energy sector, lending in support of a wide range of energy efficiency and other clean technology installations. HCA prides itself on being a reliable financing partner that knows the importance of responding quickly to opportunities and our ability to work with clients to achieve their transaction objectives.”
Hitachi Capital America Corp. is an independent, diversified leasing and financial services company providing financing to Hitachi group companies and the commercial business sector in the United States. We offer a variety of asset-based financing solutions with our business focus on truck finance, vendor finance, medical equipment finance, lease discounting, technology, and energy sector financing. Our dedicated team of professionals, with their experience and expertise, are committed to meeting your specific financing needs. For more information, please visit http://www.hitachicapitalamerica.com/.
Hitachi America, Ltd. headquartered in Tarrytown, New York, a subsidiary of Hitachi, Ltd., and its subsidiary companies offer a broad range of industrial equipment and services, particle beam therapy technologies, automotive products and consumer electronics with operations throughout the Americas. For more information, visit http://www.hitachi-america.us. For more information on other Hitachi Group companies in the United States, please visit http://www.hitachi.us.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2013 (ended March 31, 2014) totaled 9,616 billion yen ($93.4 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
Energi is a Peabody, Massachusetts-based industrial reinsurance company that provides specialized insurance and risk management products to targeted market segments of the North American energy industry. The core programs include fuel distribution, fuel transport, energy construction, agricultural cooperatives, renewable energy, utilities and oil & gas exploration. Energi also has products that deliver protections for alternative energy and energy efficiency projects. Founded in 2005 by insurance professionals and energy industry leaders, Energi is licensed in all 50 states and Canada. For more information, visit http://www.energi.com.
Hitachi America, Ltd.